Bishop Fox, an attack surface management firm, has landed $75m from a Series B funding round headed by Carrick Capital Partners.
Bishop Fox is a leader in offensive security, providing solutions ranging from continuous penetration testing, read teaming and attack surface management to product, cloud and application security assessments.
The company claims its Cosmos platform is capable of performing continuous offensive testing at scale, executing over 2.3 billion operations and identifying over 13,000 exposures per week.
Bishop remarked, “[Cosmos can] save security teams more than 5,000 hours per year in vulnerability identification and triage and reduce the time to remediate critical vulnerabilities by 82%.”
The firm said the surge in demand for its continuous attack surface management technology and services has led to a tripling ARR last year.
As part of the deal, Chris Wenner – Carrick managing director – will join the Bishop Fox board of directors.
Bishop Fox plans to use the new funding to hire offensive security talent and invest in expanding the capabilities of the Cosmos platform.
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Copyright © 2018 RegTech Analyst